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Dec 23, 2012
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accounts receivable tax cut building permit tax, corporate income tax, dog license tax, federal income tax, phishing attacks, iris don't take him a local income tax, luxury taxes for a marriage license tax, payroll, real estate tax and i'm kind of editing as they go here come the social security tax, trailer registration tax, utility taxes, watercraft legislation taxes, et cetera come et cetera. why did you include this list of taxes in "freedom manifesto"? >> picture shows government coercion and that is almost everything you do now is that giving tax do we don't realize it. was the first thing you do? u-turn on the electricity in the future electricity bill. you have a cup of coffee, cup of tea. gasoline tax and that list doesn't even include the upcoming taxes on medical devices and the odometer taxes. you could expand at the 16 coming without one. the bottom line is everything you do ends up getting taxed that reduces capacity to create resources and reduces your freedom. >> steve forbes can you talk about tax withholding would never think about money has been ours. >> is, that cam
accounts receivable tax cut building permit tax, corporate income tax, dog license tax, federal income tax, phishing attacks, iris don't take him a local income tax, luxury taxes for a marriage license tax, payroll, real estate tax and i'm kind of editing as they go here come the social security tax, trailer registration tax, utility taxes, watercraft legislation taxes, et cetera come et cetera. why did you include this list of taxes in "freedom manifesto"? >> picture shows...
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Dec 23, 2012
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republicans can do tax reform more straight forwardly and the president can do his own version of tax policy and spending policy but that would have to be done quickly. >> peter, you write that you want the discussion, the deal to be tax hikes and entitlement reform. do you want it to be more comprehensive than that or are those two the key elements? >> at this point, those are the two key elements. one is necessary for resolving the fiscal cliff. the other is significant to getting a debt limit increase. we really need to do both. i agree, we'll have a deal by mid to late january by the latest. but the risk in that, a half-hearted deal. an opportunity to do a bigger, much more ambitious deal and that is what i think we should be seeking. >> that deal would be tax reform plus entitlement reform or how important to you think this whole idea of comprehensive tax reform is? >> i think it's desirable and easier to say and hard to do. in the meanwhile, useful from my perspective to lock in some additional revenue to help on the medium term deficit. >> people on the left this whole idea of
republicans can do tax reform more straight forwardly and the president can do his own version of tax policy and spending policy but that would have to be done quickly. >> peter, you write that you want the discussion, the deal to be tax hikes and entitlement reform. do you want it to be more comprehensive than that or are those two the key elements? >> at this point, those are the two key elements. one is necessary for resolving the fiscal cliff. the other is significant to getting...
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Dec 23, 2012
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not for tax purposes, except kind of for tax purposes. in switzerland interestingly, there is a huge kind of national revolt against the superrich should all pay a high-tech suit either. very similar tensions, but there's a more extreme dynamic in the united states. >> which u.s. government policies in your view of that and perpetuate the transfer of wealth between the middle class in the top 1%? and could you rank importance, including for example -- >> would probably take all night. >> i suppose it would, but please address and include the tax equity, inequities, especially between earned income and capital gains. the federal reserves policy of low interest rates and the emphasis on spending rather than saving and the reward given to borrowers rather than savers. >> from that famous line when harry met sally, i'll have what she had. the ones that i would single out or just because it's so egregious to carry pitchers treatment. i just find that amazing and i find amazing that for years of a democratic president still hasn't managed to ro
not for tax purposes, except kind of for tax purposes. in switzerland interestingly, there is a huge kind of national revolt against the superrich should all pay a high-tech suit either. very similar tensions, but there's a more extreme dynamic in the united states. >> which u.s. government policies in your view of that and perpetuate the transfer of wealth between the middle class in the top 1%? and could you rank importance, including for example -- >> would probably take all...
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Dec 23, 2012
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payroll taxes into the system, so we don't have tax them. we have the retirement earnings test. when people want to work and are collecting benefits past 62, we tax them. why would you want to get taxed on them? so people don't work. you need to change that. i don't have any kids, so i'm not looking for a child tax credit break, but one of the things you see with countries is those who don't produce enough children end up stagnating and die. and if we go back to a post-world war ii sort of steady growth rate of fertility, we wouldn't have a social security trust fund problem right now. so one of the things we're looking at in the chapter is how do we change the tax system on the payroll tax side to incentivize those of who have dependent children under the age of 18. they would l still pay the same sort of lifetime tax benefit and burden over time, but to make that burden smaller actually trying to raise children. so it's a pro-family, pro-work reform. and these are all things we have to consider going forward. and the last thing is, too, lo
payroll taxes into the system, so we don't have tax them. we have the retirement earnings test. when people want to work and are collecting benefits past 62, we tax them. why would you want to get taxed on them? so people don't work. you need to change that. i don't have any kids, so i'm not looking for a child tax credit break, but one of the things you see with countries is those who don't produce enough children end up stagnating and die. and if we go back to a post-world war ii sort of...
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Dec 23, 2012
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energy is a tax on energy prices are a tax on everyone. they're a tax on households and businesses, we're going to see much more available cheaper energy and that will lower the burden on households and crucially as you pointed out, and this is where i think you're going to see a great knock-on effect, it makes manufacturing more viable in the u.s. so it's not just the jobs in the energy sector, it's the fact that all all of a sudden and especially natural gas, which is hard to transport, it starts to make sense to locate those factories where the energy is the other thing that i love about the energy story is as we've discussed a lot. one of my huge concerns about the u.s. economy is well-paying middle class jobs. and i think that you know, we can't neglect the economic reality that we are seeing the hollowing out of those jobs, huge downward pressure on wages. and the energy sector, that's not happening so much. in the actual production of natural resources, you can't outsource those jobs, so those are good jobs. >> can i give you an exa
energy is a tax on energy prices are a tax on everyone. they're a tax on households and businesses, we're going to see much more available cheaper energy and that will lower the burden on households and crucially as you pointed out, and this is where i think you're going to see a great knock-on effect, it makes manufacturing more viable in the u.s. so it's not just the jobs in the energy sector, it's the fact that all all of a sudden and especially natural gas, which is hard to transport, it...
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Dec 23, 2012
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spending cuts and tax hikes that can be easily changed as they were created. so enough already about a cliff. okay. capitalist of the year, pat? >> french actor gerald depardo. he flees from france to belgium to avoid the income tax. gives up his citizen shap. mort, you ought to take a look at that example. he fled the country. >> i will get back to you. >> mayor bloomberg, who put $250,000 into the maryland same-sex marriage campaign which succeeded. also, he used his money to defeat a pro-gun democratic in california. money well spent by the mayor of new york. >> fed chairman bernanke who saved the financial system which is at the core of capitalism. >> beautifully stated. >> jim demint from his move from the senate to the heritage foundation. i want to tell you mr. capitalist. >> with that salary? capitalist of the year mark zuckerman. for his $200 million contribution to columbia university for their institute for the mind and the brain. congratulations, mark. >> here here. >> you didn't mention my contribution to columbia. my school, my alma mater. >> how
spending cuts and tax hikes that can be easily changed as they were created. so enough already about a cliff. okay. capitalist of the year, pat? >> french actor gerald depardo. he flees from france to belgium to avoid the income tax. gives up his citizen shap. mort, you ought to take a look at that example. he fled the country. >> i will get back to you. >> mayor bloomberg, who put $250,000 into the maryland same-sex marriage campaign which succeeded. also, he used his money...
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suspected of involvement in the death of lawyer sergei magnitsky he died in custody during a massive tax fraud investigation three years ago president vladimir putin however says the u.s. lacks the moral standing to accuse others of human rights violations. our us are partners and their lawmakers say they are concerned about human rights in our prisons and that's fine of course but there are plenty of issues they have themselves abu ghraib and guantanamo where for years people have been detained without charge it's inconceivable to go prisoners walk around in chains like in the middle ages they've legalized torture inside their own country if something like that happened here it would cause an international outcry if you put it all remains quiet in the u.s. we've heard plenty of promises to close guantanamo but it's still there it's still operating maybe there is still torture going on there secret cia prisons has anyone been brought to account and they're pointing at our problems well thank you we're aware of that making this the ground for passing anti-abortion laws it's something absu
suspected of involvement in the death of lawyer sergei magnitsky he died in custody during a massive tax fraud investigation three years ago president vladimir putin however says the u.s. lacks the moral standing to accuse others of human rights violations. our us are partners and their lawmakers say they are concerned about human rights in our prisons and that's fine of course but there are plenty of issues they have themselves abu ghraib and guantanamo where for years people have been...
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Dec 23, 2012
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that is your tax subsidy. you can spend additional money that that's after taxes and treat everybody the same. >> what do you mean? >> right now we don't. right now you can next subsidy if your provider -- employer provides you with a plan. under obamacare those inequities are even worse so step one would be to treat everybody the same. when you buy insurance, no matter who you are no matter where you edit you should be the same -- at the same a lot of help from government. >> what about insurance companies? what is the role in reforming the health care system? >> right now they're just big bureaucracies that they need to be variety to. you want to insure against preexisting conditions. you do that when you buy life insurance. do buy life insurance naked prostate cancer test the turns out bad for you that i'll kick you out of plan and health insurance should be the same life. >> to people often compare health insurance policy to auto insurance policy? can they be the same or similar xp i xpi wish they were, be
that is your tax subsidy. you can spend additional money that that's after taxes and treat everybody the same. >> what do you mean? >> right now we don't. right now you can next subsidy if your provider -- employer provides you with a plan. under obamacare those inequities are even worse so step one would be to treat everybody the same. when you buy insurance, no matter who you are no matter where you edit you should be the same -- at the same a lot of help from government. >>...
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Dec 23, 2012
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he was a deficit hawk, boy, we could use him today, who controlled government spending and taxes. the famous speech warning against the industrial complex was at the end of the presidency, but worked on it all along behind the scenes. heaven help us he liked to say when we get a president who knows less about the military than i do. it was not about the economy or saving money. in the berlin crisis and earlier crisis with korea and vietnam in 1953 over the strait in 1954-55 and 1958 in the suez crisis in 1956, he was planning a bigger gain for higher stakes. west point cadet and young army officer, ike was a great poker player, and, indeed, so good, he had to give it up. he was taking too much money from the fellow officers hurting his career. he switched to bridge, but he never forgot how to bluff. the soviets, he bluffed with nuclear weapons. as only a real warrior can, ike hated war. curiously, the great war hero was never in combat. in world war i, he was training troops to his great chagrin, and world war ii, he was too valuable and knew too much to risk getting captured or k
he was a deficit hawk, boy, we could use him today, who controlled government spending and taxes. the famous speech warning against the industrial complex was at the end of the presidency, but worked on it all along behind the scenes. heaven help us he liked to say when we get a president who knows less about the military than i do. it was not about the economy or saving money. in the berlin crisis and earlier crisis with korea and vietnam in 1953 over the strait in 1954-55 and 1958 in the suez...
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Dec 23, 2012
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we pick up a cell phone or we tax someone and when you tech someone you don't even use vowels. the concern is that in the future we are liable to lose a lot of that nuance. think about it. a great source of this is, i read letters of blood say senate wives and they would go to the white house. if you go to the white house are you going to tell your friends what was served at dinner, what michelle obama were, who was there and what was senator so-and-so really like? what obama said to you when he shook her hand and what about that spoon that fell onto your jacket? today we pick up the cell and call someone and we have lost the more we tax someone and we don't describe the ambience, the music. we will say a obama obama cool or senator so-and-so. 200 years ago bibas it down and composed several lengthy letters that provided the nuance, the context. we know what the weather was uncertain days during george's life because he took notice of the weather. we know how many hoc said head of cattle he slaughtered on a particular day. he bortell down. today we are losing all that and the i
we pick up a cell phone or we tax someone and when you tech someone you don't even use vowels. the concern is that in the future we are liable to lose a lot of that nuance. think about it. a great source of this is, i read letters of blood say senate wives and they would go to the white house. if you go to the white house are you going to tell your friends what was served at dinner, what michelle obama were, who was there and what was senator so-and-so really like? what obama said to you when...
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Dec 23, 2012
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will wring their hands and then hopefully we're going to get a deal, which is going to require raising taxes. republicans going to hate and cutting back entitlements and democrats like the. and it will require a complex. i wish dwight eisenhower here work to engineer that compromise. >> two quick questions. the first one is in response to something you said just a few minutes ago. i just came here from the vietnam memorial wall, and there are some names from 1959 picks i think those need to be noted at least in a footnote. this happening under president eisenhower's watch. >> that's true. >> the bigger question as with or spoken to or spoken, you've only or spoken to you for i'm about but have a chance to read it yet, so i don't know the depth to which you go in the u2 affair that's already been touched on, but i am mindful that -- 1986 study called mayday. >> a great book. >> the very end of the book, he accounts eisenhower writing his memoirs in 1954, calling up john mckeown, then director of the cia, st. john, can you remind me how that u2 plane came down? and he quotes, this quote either
will wring their hands and then hopefully we're going to get a deal, which is going to require raising taxes. republicans going to hate and cutting back entitlements and democrats like the. and it will require a complex. i wish dwight eisenhower here work to engineer that compromise. >> two quick questions. the first one is in response to something you said just a few minutes ago. i just came here from the vietnam memorial wall, and there are some names from 1959 picks i think those need...